How Ripple’s XRP Gained 9% Against the US Dollar in 3 Hours

On Wednesday, Ripple’s XRP posted 9% gains soon after Swift announced a partnership with R3 which is a blockchain consortium.

At 0800 UTC, the XRP/USD was trading at 0.2934 on Binance. As the market sentiment unveiled , the pair posted three consecutive hourly sessions in green, taking the value to as high as 0.3292. By 1300 UTC, Ripple had risen to 12.2%. In comparison, Bitcoin surged at 1.29%, and Ethereum gained 2.65% against the US Dollar.